The HDFC Bank MoneyBack Credit Card is a cashback-focused credit card that offers attractive rewards on both online and offline spends. You can use your accumulated reward points against your statement balance to reduce your outstanding amount. Alternatively, you can also use your cashback and reward points to make flight/hotel bookings, purchase products or vouchers through HDFC Bank’s SmartBuy programme. The card also comes with other exciting perks like welcome and milestone bonus, dining rewards, card protection plan, and more!
The HDFC Bank MoneyBack Credit Card comes with a number of features and benefits. Here are some of them:
The HDFC Bank MoneyBack Credit Card comes with a low annual fee of just ₹500 + GST. You will also be eligible for an annual fee waiver if you spend over ₹50,000 in a calendar year.
You will receive 500 CashPoints as a joining bonus after you make your first-year fee payment. You’ll also be eligible for a gift voucher worth ₹500 when you spend over ₹50,000 in a quarter. You can get up to ₹2,000 in gift vouchers every year. Additionally, you’ll earn 4 and 2 reward points for every ₹150 spent on all online and offline purchases, respectively.
You can redeem your accumulated reward points against your outstanding credit card bill or make purchases through HDFC Bank’s SmartBuy programme.
You won’t have to bear the cost of unauthorised transactions made on your card. Just make sure to report any fraudulent activity or loss of card to HDFC credit card customer care.
The HDFC Bank MoneyBack Credit Card allows you to convert your big purchases into simple and affordable EMIs with the Smart EMI facility.
You’ll be eligible for a 1% surcharge waiver (subject to a maximum of ₹250) on fuel transactions between ₹400 and ₹5,000.
The built-in NFC chip in the HDFC Bank MoneyBack Credit Card allows you to make contactless payments worth up to ₹5,000.
Applying for the HDFC Bank MoneyBack Credit Card is quite simple. However, you'll need to meet a simple eligibility criteria and have a few documents handy to get started. Here, we’ve elaborated on this:
For Salaried Indian Nationals
You must be between the ages of 21 and 60
You must have a gross monthly income of at least ₹25,000
For Self-employed Indian Nationals
You must be between the ages of 21 and 65
Your annual ITR filing must be over ₹6 Lakhs
PAN Card copy/Letter from IT Department
Accepted documents for proof of identity - pan card, driving licence, valid passport, voter ID, Mapin card copy
Accepted documents for residential proof - electricity bill, phone bill, driving licence, passport, visa, ration card, bank statement, passbook, voter ID, flat maintenance bill, rental agreement
Here are few other credit cards that come with features and benefits similar to that of the HDFC Bank MoneyBack Credit Card:
Joining / Annual Fee
IRCTC SBI Platinum Card
10% value back in the form of reward points on booking AC First Class, AC 2-Tier, AC 3-Tier and AC Chair Car tickets on the IRCTC website and app.
₹500 plus GST
2 reward points for every ₹100 spent on all transactions except utility bills and insurance payments
₹499 plus GST
10 reward points for every ₹100 spent online at exclusive partner stores such as Eazydiner, Netmeds, BookMyShow, Cleartrip and Apollo 24x7
HSBC Smart Value Credit Card
3 reward points for every ₹100 spent on online, dining and telecom transactions
₹250 plus GST (one-time joining fee)
5 reward points for every ₹150 spent on dining and fuel transactions
You can apply for HDFC Bank MoneyBack Credit Card directly at the official portal of the bank. Once on the page, you will be required to verify your identity and then choose the card you want. Post that, all you have to do is enter the details, review and submit.
Upon submission, you will see an application ID, through which you can track the status of your application. Once approved, your credit card will be dispatched to the communicated address. Please note that HDFC Bank credit cards, including the MoneyBack credit card, are not available on the Bajaj Markets website.
The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.
The information including interest rates or fees and charges with regard to any credit card, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, trade names, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.
The HDFC Bank MoneyBack Credit Card is a premium cashback-focused credit card that comes with an attractive rewards programme. The card offers rewards on almost all online and offline spends. Additionally, you’ll also be eligible for a gift voucher of up to ₹2,000 per year as milestone benefits.
The HDFC Bank MoneyBack Credit Card offers the MoneyBack 2X feature which gives you 100% more reward points on online spends. You’ll get 4 reward points for every online purchase worth ₹150 as opposed to 2 reward points for ₹150 spent offline.
The limit extended to you depends on a number of factors like your income level, relationship with HDFC, credit history/score, etc. So, the credit limits are generally personalised offers and will differ depending on your profile.
HDFC Bank MoneyBack Credit Card reward points are valid for up to two years from the date of accrual.
You can pay your HDFC Bank MoneyBack Credit Card dues through netbanking, UPI, cheque, cash, etc.
The rate of interest charged on revolving credit from HDFC Bank MoneyBack Credit Card is 3.6% per month or 43.20% per annum.
Yes, the MoneyBack range of credit cards from HDFC come with global acceptance. However, you may have to bear some additional charges on international transactions.
You’ll need a minimum salary of ₹25,000 if you are a salaried employee to be eligible for the HDFC Bank MoneyBack Credit Card. If you are self-employed, then you’ll need to furnish your ITR returns which must show an annual income of at least ₹6 Lakhs.
The cash advance limit is usually a percentage of the total available credit limit. In the case of the HDFC Bank MoneyBack Credit Card, it’s 40%. This means that if your total credit limit is ₹1 Lakh, then your cash advance limit will be ₹40,000. Bear in mind that cash advances come with a few different types of charges and fees. Additionally, there is no interest-free grace period with cash advances.
Yes, the HDFC Bank MoneyBack Credit Card is a great option for anyone looking to get cashbacks on every spend, particularly if they shop online a lot. The card is also quite beginner-friendly as it comes with a low annual fee of just ₹500 + GST.